Offshore Scorpio Investments has invested five million dollars in the company

Nordic Offshore American (NAO), company with center in the Bermudas that has a fleet of 10 ships to service of the offshore industry, has announced to have tight an agreement of purchase of quotas with the Offshore Scorpio Investments Inc., society of property of the family Lolli-Ghettos, included Emanuele Lauro that is to the guide of the Scorpio group, based on which Scorpio has invested five million dollars in the acquisition of common stocks of the NAO at the price of 0,42 dollars for each action (price of closing yesterday to the Stock exchange of New York). The capital of the NAO is subdivided in total 61,99 million sets in action.

Moreover Emanuele Lauro is named chairman and managing director of the Nordic Offshore American, Robert Bugbee is named member of the board of directors and president, Cameron Mackey is named operating director and Filippo Lauro is named vice-president. From the board of directors of the NAO Herbjørn Hansson has exited, that it has left its assignment to Emanuele Lauro, while Marianne Lie has left the charge of vice chairman also continuing to being a leader of the company.